BMW E23 7 Series

The E23 was BMW's first-ever 7 Series, replacing the E3 sedans and setting the stage for decades of flagship models. Produced from 1977 to 1987, it introduced features like an on-board computer and ABS, all wrapped in a classic Paul Bracq-penned design. All models used variations of the venerable M30 inline-6 engine, with the top-tier 745i featuring a turbocharged version that made it one of the fastest sedans of its era.

Collectors are drawn to the E23 for its 'first of the line' status and its iconic shark-nose styling. It offers a more direct and analog driving experience than its modern counterparts, representing a high point for BMW's classic design language. While any clean E23 is notable, the rare and powerful 745i is the most desirable model for enthusiasts seeking performance.

The market for the E23 remains very approachable. With an average sale price around $10,000, it's an affordable entry into classic European luxury. Most sales fall into the sub-$20,000 range, but exceptional, low-mileage examples, especially the 745i, have proven they can achieve prices over $40,000, suggesting the market is beginning to recognize their significance.

Observed sales range from under $1,500 for project cars to nearly $45,000 for top-spec examples.